Italian tyre maker Pirelli’s board has approved an accord between shareholders to establish that the group’s largest investor, China’s state-owned Sinochem, does not exercise control over the tyre maker. This move might make it easier for the tyre maker to expand in…
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Jinyu sets up tyre plant in Vietnam
China’s tyre maker Jinyu Tire Group has completed a passenger car tyre project in Vietnam as part of its strategy to return to the passenger vehicle tyre market. The company recently fully commissioned the plant that has a capacity of…
Continental to shut down Malaysian tyre plant; still committed to country
After 46 years of operations, German tyre maker Continental says it will stop production at its Alor Setar plant in Malaysia by the end of 2025, affecting 950 employees currently employed at the facility. The German automotive supplier said it will…
Continental’s spin-off automotive biz known as Aumovio
Continental group’s independent automotive company has been named Aumovio, and is scheduled to list on the Frankfurt Stock Exchange in September 2025. Continental says the name of the new company combines the strong market position, heritage and technological expertise in…
Apollo to stop production at Dutch tyre plant by 2026
Due to rising production costs, Indian tyre maker Apollo Tyres says that the Management board of Apollo Tyres NL BV has advised its Enschede plant’s Works Council of its intention to discontinue tyre production and related activities at the facility by…
Klean Industries/Yokogawa to drive recycling with AI and industrial automation
Recycling firm Klean Industries Inc. has tied up with Yokogawa Electric Corporation to leverage the latter’s AI, industrial automation, and digital twin technologies for a circular economy, it says. Canada-based Klean will integrate its recovery technologies with Yokogawa’s capabilities in process…
Beontag/Kumho Tire to produce RFID-enabled tyres
Beontag, one of the world’s largest manufacturers of self-adhesives and smart tags such as RFID, NFC and BLE, has announced a new partnership with South Korean tyre manufacturer Kumho Tire. The collaboration will see Beontag’s TireTag RFID technology incorporated into new Kumho…
Kumho considering Poland, Serbia and Portugal for European plant
South Korean tyre maker Kumho Tire Co has shortlisted three countries in Europe for its first plant there and is said to be evaluating Poland, Serbia and Portugal as potential sites. It plans to complete construction of its first tyre plant in…
PIF/Pirelli on track for US$550 mn tyre factory in Saudi Arabia
As Saudi Arabia continues its push into the industrial and manufacturing sectors its Public Investment Fund (PIF) is partnering with Italy’s Pirelli Tyre to launch a tyre manufacturing plant in the country. The plant is expected to start production in 2026.…
Goodyear to pump US$320 mn into US plant expansion
US tyre maker Goodyear Tire & Rubber Company has revealed plans for a significant expansion of its Lawton, Oklahoma plant in the US, which is the largest tyre factory in its global network. The expansion aims to increase the plant’s production capacity by…